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Compute the carrying and ordering costs for the eoq

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Reference no: EM133185388

Question - Economic Order Quantity - Melchar Company uses 61160.00 pounds of oats each year. The cost of placing an order is $15, and the carrying cost for one pound of oats is $0.42.

Required -

1. Compute the economic order quantity for oats.

2. Compute the carrying and ordering costs for the EOQ.

Reference no: EM133185388

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